Are you on the hunt for a great investment property? Look no further than this Louisiana investment property for sale! With both a main home and a guesthouse, both currently tenant occupied, this property offers a unique opportunity for investors to earn rental income.
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The main home boasts two bedrooms and one bathroom, with vinyl and real wood flooring throughout. The kitchen is spacious, and there are indoor washer/dryer hookups for convenience. The property also features a large backyard, perfect for outdoor entertaining.
The guesthouse is a one bedroom, one bathroom unit located at the rear of the property. Both units have new roofs and have undergone numerous updates, ensuring that they are in excellent condition for tenants.
Speaking of tenants, the current occupants are paying $1350 per month for both units. This steady stream of rental income is sure to appeal to savvy investors.
It’s worth noting that this property is located in Flood Zone X, meaning that flood insurance is not required. However, it’s important to keep in mind that the home will not qualify for FHA financing. Additionally, the seller will not make any repairs to the property.
If you’re interested in viewing this property, please note that it is renter occupied and will require 24-hour notice for all showings. One of the sellers is a licensed agent in the state of Louisiana, so you can be confident that you’re working with someone who knows the local real estate market inside and out.
Overall, this Louisiana investment property for sale is an excellent opportunity for investors looking to add a rental property to their portfolio. With two units, both currently tenant occupied, and a steady stream of rental income, this property is sure to be a smart investment.
2503 Demarest Street, Lake Charles, LA 70601